Does wealth increase happiness?

gold bars - golds bars equals wealth not happiness
April 9, 2007 12:52am CST
"In the next 20 years we shall be much richer, but will we be any richer as people-happier?" Richard Nixon, said this in 1968 as the American president. This words of wisdom thread the premise whether wealth increase happiness. Do happiness and wealth go hand in hand? A lot of us think so. But according to some studies, extra money does not guarantee extra happiness. In fact excessive wealth may cause problems on its own. Once the basic needs are taken cared of, luxuries bought by extra money don't give lasting happiness, since the mind adjusts quickly to the increased level of affluence. And when this happen the mind feels needy despite the affluence. Happiness comes from good health, productive work or activity, sufficient income to meet basic needs, affection, good attitude and a sense of fulfillment in life.
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2 responses
@palonghorn (5486)
• United States
10 Apr 07
From personal experience, Money doesn't buy everything! Happiness being one of those things it can't buy. I learned that lesson the hard way, marrying into money, only lasted 5 yrs. And making a choice between money and happiness, I'd chose the later. As long as there is a roof over our heads, food in our pantry, and essential bills taken care of, I'm satisfied. Simple everyday pleasures are what brings happiness, a healthy family, a carrying spouse, playing catch on a sunny day, going camping, going for a long walk in the can't buy those things
1 person likes this
• Philippines
10 Apr 07
It seems that the ones with few money to spend are satistfied from the simple pleasures. While those with excess money clamor for more and felt needy.
• India
9 Apr 07
more money is surely more happiness but only up to a limit.after having money is a worry,worry of having money is kind of not happiness.but i can say one thing for surely that if we having someone else's money then we will not be worried how much ever we have because even if spent it completely or even if we loose it we wont be worried so the more we have the more happy we are.
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